Yahoo Finance 4 Up-and-Coming Southern Cities Perfect For Retirees
If you’re getting ready for retirement and contemplating a move to a warmer climate, the Southern U.S. might be at the top of your list. Unfortunately, not all cities in the South are ideal for retirees. Keep reading as we explore some up-and-coming Southern U.S. cities perfect for retirees.
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These cities all have a reasonable cost of living, entertainment options and a sound healthcare system.
If you are not tied to Southern U.S., these up-and-coming retirement towns may pique your interest.
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Asheville, North Carolina
Asheville might be starting to break out of its up-and-coming status, but it’s still worthy of a spot on this list. Located in the foothills of the Blue Ridge Mountains, this North Carolina city has become popular with all generations. And even though housing prices are increasing, they’re still below many other popular cities for retirees.
Asheville has a large craft brewery and restaurant scene great for anyone looking for entertainment. Plus, it’s close to the Great Smokey Mountains National Park and many other areas for outdoor activities like hiking, biking and camping. Even though many Southern cities can get pretty warm and humid during the summer months, the higher elevation makes Asheville a little more tolerable.
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Greenville, South Carolina
Greenville’s cost of living is low compared to other popular locations in the South. Its average home value is just over $308,000, making it much more affordable than a city like Charleston.
Downtown Greenville has a bustling restaurant and entertainment scene, making it enjoyable for you and your family when they visit. Plus, Greenville offers many activities through Senior Action. Clubs, social events, arts and crafts and other options can be a great way to stay active and meet new people with similar interests.
“Greenville offers a vibrant downtown with a variety of dining and entertainment options, which are attractive to retirees seeking an active social life,” says David Blain, chartered financial analyst (CFA), CEO and founder of BlueSky Wealth Advisors.
“Additionally, the cost of living in Greenville is lower than the national average, making it a financially viable option for many retirees,” he said. “The healthcare facilities are robust, featuring branches of major hospital systems which ensure access to quality healthcare, a key consideration as one ages.”
Fayetteville, Arkansas
Fayetteville, surrounded by the Ozark Mountains in northern Arkansas, has a lot to offer retired seniors. The city has a thriving art scene and an endless supply of amazing restaurants and there are plenty of outdoor activities to keep the active person busy year-round.
With over 100 miles of paved and off-road bike trails, Union Cycliste Internationale (UCI) recently named Fayetteville as the country’s first “Bike City.”
“Fayetteville offers a unique blend of small-town charm with the amenities of a larger city, thanks to its proximity to the University of Arkansas,” said John Crist, CEO of Prestizia Insurance.
“It provides cultural events and educational opportunities that are ideal for active retirees” he said. “The cost of living in Fayetteville is relatively lower compared to more established Southern retirement havens like Florida’s cities, making it a financially sensible choice for many.”
Chattanooga, Tennessee
Recently named the best overall place to retire in the South by Southern Living Magazine, it’s easy to see why the South’s “Scenic City” is becoming a hot spot. Located along the Tennessee River, there are plenty of outdoor activities to keep yourself busy.
Chattanooga also has an extremely lively art scene with several museums and many art and music festivals throughout the year. Plus, foodies will love all the local restaurants that serve everything from mouthwatering BBQ to Mexican street food.
“Chattanooga, known as the ‘Scenic City,’ offers numerous outdoor activities like hiking, rowing and biking, catering well to retirees seeking an active lifestyle,” says Crist.
“The presence of quality healthcare facilities and affordable housing options further enhance its appeal. Financially, Chattanooga’s cost of living is about 5% lower than the national average, yet it offers access to all the necessary amenities.”
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